Commodities
Oil Prices Decline Amid US-Iran Military Strikes Uncertainty
Oil prices declined on Thursday as investors weighed the uncertainty of renewed military strikes between the US and Iran.
Brent crude futures fell by $0.56, or 0.6%, to $95.07 a barrel at 0752 GMT, while US West Texas Intermediate (WTI) crude futures were down $0.50, or 0.6%, at $90.51.
This marks the first drop in four sessions for both contracts. The uncertainty surrounding the renewed military strikes between the two nations has disrupted supplies from the Middle East, leading to a decline in oil prices.